Gas reserves in the Gulf of Thailand are starting to run out, but low-cost spot LNG could offer a way to offset the production decline.
The US LNG export capacity under construction is facing a real threat of being severely underutilised until at least 2020 despite the growing influence of portfolio players.
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The Henry Hub front-month futures price is braced for further decline in March as the United States enters spring. The US and Canada already have healthy gas storage levels, and the onset of the 2016 gas-injection season in April will also help storage levels.